Entrepreneurship is a mindset not a designation

“The entrepreneur is essentially a visualizer and actualizer. He can visualize something, and when he visualizes it he sees exactly how to make it happen.” — Robert L. Schwartz

How would you describe an Entrepreneur in your own words? Someone who wants to start their own business? Or someone who is a born leader and is not afraid to take the decision that would change their life? That’s how it is; a person who is known to encompass such qualities is considered as an individual who is an Entrepreneur.

But, here at MIDAS, we would beg to differ, as we believe that it’s not a given set of qualities that make up for an entrepreneur, it is simply an attitude towards risk. Most of us come across situations that are life-changing. When you embrace the idea of change and are not afraid of the consequences and when you are ready to accept something that you must forgo a bit of your comfort – you must know, you’re an Entrepreneur.

The idea of starting your own business can be very exciting, but it also requires a certain mindset so that you can transform your dreams into a reality.

At MIDAS, we strive to offer the best 11-month entrepreneurship development programme for our student entrepreneurs. We want to help them break the stereotypical mindset so that they can chase their dreams fearlessly.

If you are a budding entrepreneur or maybe contemplating of becoming one, then here some pointers for you to think upon:

Do you think like an entrepreneur?

When you say think like an entrepreneur it simply means that you can come up with innovative ideas to tackle your problems. You may have ideas that might seem ridiculous to others, but you have the courage to follow and implement what you feel could work. Biz Stone, Co-founder of Twitter stated in an interview that initially even the engineers weren’t interested to code as they found the idea of Twitter too stupid to work on.

Train your brain

Learning is one of the major keys to success. Learn to think differently and out of the box. Question whatever you come to know through your learning’s and gain information about it thoroughly. This way your brain will be stimulated to generate ideas for your business.

Solution-driven

You need to have a solution driven approach towards the problems you face, and this can only happen when you analyze the issue carefully. You must be motivated enough to face your problems head-on. In case you find a problem in solving one, don’t hesitate to approach your mentors. They are the torchbearers of ideas and experiences. John Adam, the founding father of United States once stated “Every problem is an opportunity in disguise.” Who knows if this is the real intention?

Make things better

Establishing a business of your own can only mean one thing, you are your own boss. Instead of sitting in your office and thinking of ways in which your boss can improve the business, you can just start your own business where you are the one who oversees everything. After all, we all know that entrepreneurs make terrible employees.

Unfollow the status quo

You do not really need to follow the current trends to come up with a business idea. Rather it is even more refreshing if you come up with something of your own. Remember, all great entrepreneurs didn’t become great because they followed the norm. They were only successful because they chose to question the status quo. Steve Jobs has said it rightly, “It doesn’t make sense to hire smart people and tell them what to do; we hire smart people so that they can tell us what to do.”

Understand people in various ways

You must learn how to read people. Every person has their own behavior pattern and you need to learn how to decipher it. No one is wholly independent. We come across situations where we find ourselves being dependent on other people. If we acquire the skill of understanding people’s behavior, then you will have the advantage of getting your work done more efficiently.

Role of a peon to manager to a boss

Everyone starts from the bottom. You must face your share of ordeals; go through the experience of facing your own problems. Your humble beginnings will teach you valuable lessons that you will carry forward forever in your future business ventures.

Ownership and initiative that is visible outside of your work

If you are someone who can become responsible for difficulties, then you have got it in you. You possess the most invaluable quality that many do not i.e. to take initiative. And if you happen to practice this in your daily life then you are already one step closer to becoming a successful entrepreneur.

At MIDAS, we can help you realize that you have the potential to become an exceptional entrepreneur and the mindset can be formed with the best entrepreneurship development programme in India and under the finest coaches.